Bank Issuer

The bank issuer sends deposit tokens to eligible participating organization officers and returns value to an eligible bank retirer account.

The bank issuer can initiate participant issuance and retirement transfers shown by the application. Issuers cannot approve their own participant issuance, create accounts, assign roles, change limits, or change setup.

Before you can complete bank issuer tasks, you must have an active issuer deposit token account with an available balance. You must be a member of the Bank Issuer application group. There must also be active officer accounts in participating organizations, an active bank retirer account, and an active escrow user for the sending organization..

Typically the bank issuer completes tasks in the following order.

  1. Confirm the issuer account is active and review pending and available balances.
  2. Expand the participant organization and select an active officer.
  3. Select Issue, review the approver organization and approver user ID context, optionally enable and select a purpose, enter the quantity, and submit.
  4. Record the operation ID and follow its status. If approval is required, the active policy routes it to the configured bank approver sequence.
  5. Refresh history and confirm the issuance status and balance after approval or rejection.
  6. For retirement, select an active retirer account, optionally enable and select a purpose, enter the quantity, and submit the Retirement transfer.
  7. Refresh history and confirm the retirement result.

The following tasks are typical ones that a bank issuer completes.

Issue Value to an Institution Officer

  1. Expand a participant organization, choose an active officer, and select Issue. The Transfer window is displayed.
  2. Enter a Quantity within the issuer balance, recipient limits, and supported precision. Optionally, select Purpose and then select one of the configured purposes.
  3. If more than one Approver User ID (active escrow user) is available for the sending organization, select the intended approver.
  4. Select Transfer. The active policy determines whether the transfer settles immediately or is routed to the configured bank approver sequence.

Return Value for Retirement

  1. Select Retirement for an active eligible retirer account. Retirer eligibility is based on account and role data, not the displayed name. The Transfer window is displayed.
  2. Enter a Quantity. Optionally, select Purpose and then select one of the configured purposes.
  3. Select Transfer. The transfer is evaluated by the active approval policy. It can settle immediately or remain pending for the configured bank approver sequence.

Transaction Filters

After you load records from an organization or account history, you can use the following filters to find specific transactions.

Filter Parameters
Transaction ID Enter an operation or transaction identifier.
Amount Select a comparison and enter an amount.
Balance Select a comparison and enter a balance.
Transaction Type Select a transaction type.
Initiator Enter a user or organization value.
Account ID Enter an account identifier.
Purpose/Memo Enter the text to search for.
Start Date / End Date Select the beginning and ending dates.
Selecting a transaction history row opens a read-only Transaction details window, which includes the following fields.
Section Information Displayed
Summary Transaction ID, Holding ID, Purpose/Memo, Block Number, Transaction Time, Transaction Type, Amount, and Token ID.
From Organization, User ID, and From Account ID. The From party displays - for a creation transaction.
To Organization, User ID, and To Account ID. The To party displays - for a retirement transaction.

Troubleshooting

If no participant officers are displayed, ask the participant administrator to create and activate officer accounts. If no retirer is displayed, ask the bank administrator to verify the account and assigned role. If an amount fails validation, check the balance, daily limits, recipient status, and decimal precision. If an issuance remains pending, use the operation ID to review the current approval status.